[ad_1] Bengaluru-based public sector lender Canara Bank expects to surpass its deposit growth guidance of 9%. Managing Director and Chief Executive Officer K Satyanarayana Raju said that the current focus is less on attracting deposits and more on the cost of mobilisation. Raju expects an 11% growth in advances for the January-March 2025 quarter, surpassing […]
RBI approves Canara Bank’s divestment from Canara Robeco AMC, Canara HSBC Life Insurance via IPOs – CNBC TV18
[ad_1] State-owned Canara Bank on Thursday (December 5) said it has received approval from the Reserve Bank of India (RBI) to divest its shareholding in Canara Robeco Asset Management Company Ltd (13%) and Canara HSBC Life Insurance Company Ltd (14.5%) through Initial Public Offerings (IPOs). Company Value Change %Change In a regulatory filing, Canara Bank […]